$283,090
NAL Estimated Property Value2907 Millmar Dr, Dallas, TX, 75228
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
Exterior
Lot Size7,353 sqft
Building Information
Year Built1954
Stories1
Roof Type105
Garage Spaces1
Land Information
APN00000712999000000
Lot Number31
SubdivisionShiloh Park
Land UseResidential
Legal DescriptionSHILOH PARK BLK B/7311 LT 31 INT202300254130 DD12192023 CO-DC 7311 00B 03100 3007311 00B
Census Tract012501
Assessed Land Value$60,000
Assessed Improvement Value$223,090
Assessment Year2025
About this property
Down Payment and closing costs grant eligible (approx $16,200) Conventional loan. Must Qualify. Completely renovated and move in ready. Renovations include updated plumbing and electrical. New sheet rock texture and paint. All new plumbing and lighting fixtures. New kitchen cabinets and quartz countertops. Stainless steel appliances (gas range). New bathrooms include vanities and tile updates. Huge fenced back yard. Updated windows and doors. New HVAC and Water Heater.
Investor Tools
$283,090
Estimated Property Value
$264,344Estimated Mortgage Balance
$18,746Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,327
$283,090
2025
$60,000
$223,090
$283,090
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,327
$283,090
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$276,450
No
First
Dec 19, 2023
Jan 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,344
$18,746
6%
93%
$1,658/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,658/mo
+$314/mo
8.4%
